4 ordspråk av Mark Parr
Mark Parr
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This is not the kind of market in which anyone would want to put a premium on the company.
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The real story here is the much-improved profitability picture that has emerged.
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Global supply/demand conditions remain tighter than expected earlier in the year. As a result, we anticipate meaningful upward estimate revisions in the next several months.
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In addition to the end market recovery, the company is benefiting from a new management team who has been refocusing the cost reduction initiative throughout the organizations. That program, which began in early 2004, has resulted in significant dividends for the company, especially in the last 12 months.
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